Hong Kong: Owners prepared to cut rents rather than selling at a loss
KUALA LUMPUR (June 24): A myriad of events are eroding rents in Hong Kong.
KUALA LUMPUR (June 24): A myriad of events are eroding rents in Hong Kong.
The comfort food (or drink to be precise), that is bubble tea needs no introduction.
PETALING JAYA (May 22): More stringent Standard Operating Procedures (SOP)s for short term rental operations in strata buildings are needed to prevent the spread of diseases such as the Covid-19, said Henry Butcher Mont’ Kiara executive director Low Hon Keong.
KUALA LUMPUR (May 21): Capitaland Malaysia Mall Trust (CMMT) said its earnings in the first quarter ended March 31, 2020 was affected by lower rental income from its shopping malls, following the implementation of the movement control order (MCO).
KUALA LUMPUR (May 19): The Ministry of Health (MoH) says parents or guardians should not take children to crowded places such as shopping malls, despite the declining trend of new Covid-19 cases in the country.
KUALA LUMPUR (May 6): Amanah Harta PNB (AHP) saw a 1.
KUALA LUMPUR (April 30): CapitaLand Malaysia Mall Trust (CMMT) has committed to RM35 million in rental relief for shopping mall tenants in non-essential services during the movement control order (MCO) period.
KUALA LUMPUR (April 18): Non-essential retailers have been instructed to remain shut during the Movement Control Order (MCO) for a total of six weeks from March 18 to April 28.
KUALA LUMPUR (April 10): Berjaya Times Square Sdn Bhd (BTSSB) will be waiving the rent for all its tenants at Berjaya Times Square during the first and second phases of the movement control order (MCO) between March 18 to April 14.
KUALA LUMPUR (April 6): New York landlord Mario Salerno, who has 18 apartment buildings, posted signs saying tenants in his buildings did not need to pay April rent, The New York Times reported on Friday.